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SKYX Platforms made $25.7 million in sales last quarter, up 7.4% from a year ago.

ResultsRead the original at globenewswire.com
Good for SKYX

SKYX's sales and gross profit grew, and more of each sale remained after product costs. It still aims to become cash-flow positive, but its $21 million cash balance supports that effort.

SKYX · SKYX Platforms Corp.

AI read · Good for SKYX

The AI's read

Repeated sales growth and a larger share of each sale left after product costs suggest the business is gaining strength. The cash balance gives it support, but positive cash flow remains a goal rather than a reported result.

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